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interesting things to tell republican senators this afternoon. he says he's for corporate tax reform and willing to push fellow democrats on entitlements. is the charm offensive starting to pay off? "the kudlow report" begins right now. first up tonight, a nice 83-point move higher for the dow, makes it ten straight days of gains. we have details of another day of record highs, good evening, ka kayla. >> reporter: jobless claims fell unexpectedly and gave traders more confidence in growth. the dow sitting above 14,500. up 83 points to 14,539. this month the dow has been up nearly every single day. the s & p within four points. all time record closing here. 1,563. on rising rates on treasuries. the highest yield in a year. low by historical standard. 3.248%. and the year on 390-year, up 10% this month alone. lots moving on the mobile front, larry. google will shut down its e-reader and samsung unveiled galaxy 4. blackberry moved on moves of the z-10. closed down just 4%. jcpenney under the microscope. the credit default swaps, those widened dramatically. fears of liquidity crunch hurt
corporate tax reform. even pushing democrats on entitlement reform or so he says. now i know, i know, my favorite president reagan trust by verify, but i think there's some optimism out there and i'm going to do my best now to persuade my pal, conservative superstar ann coulter. she's the author on set for the full hour. jimmy williams. and michelle caruso-cabrera. ann coulter, i know you think i'm nuts but i'm telling you the stock market is a great signal. the republicans won on the sequester. obama's poll are down so now he's having to come to the negotiation table. i like this story. i want to be optimistic about this story. >> um, i want to be optimistic too. but i want to be realist jig. all,000 are the financial maven and i would normally defer to you, that's the only thing i'm pessimistic about. i think the economy -- i would not count on the stock market continuing to go up. i know nothing about it. i just don't think that what's happening in the company justifies it. people don't have any other place to put their money. i do think people will get fed up with obama. one thing i'
a bank at tax plan. now the risks of bank runs and bank collapses mount in this tiny country. we are about to bring you live report from cyprus. but cyprus may have an ace in the hole. it's called russia. the parliament is going hat in hand to russia to save its financial system in return for ownership of its natural gas resources. so do i have this right? the russian money-laundering thugs can save cyprus and maybe europe and maybe the global financial markets as well? it's a very scary thought. however, here at home, american business leaders speaking in one voice in a new campaign to push pro growth corporate tax reform. i like it. the polls show it. there's too much talk about root canal, dent and budge cutting. we need growth, we need optimism. we need "the kudlow report." it begins right now. >>> first up this evening, let's go live to cnbc chief international correspondent, michelle caruso cabrera who joins us from cyprus with the details. good evening, michelle. >> reporter: good evening, larry. it's been a day of high drama here in cyprus. just a few hours ago, the parli
. >> your dog is named freedom. >> eric: and medical device 2.3% tax? >> we're not paying for healthcare right now above what you are paying for your premiums. the average family cost them $2200 a year, to cover people that are uninsured. you are going to pay a couple more cents for the burger or pay thousands of a dollar in order to insure people that are not insured today. every time the insurance gets it paid for. >> eric: this goes across the whole economy. no matter what you buy, your prices are going up? >> we had bobby flay on the business network. he is worried about the costs. human chef. how he is going to do it suck it up or pass it on the consumer. everybody is worried about this. this wasn't talked about in the beginning. nobody said in the beginning, now what, this small businesses will have to go out of business. all we heard was the good stuff we're going to take care of the people that never had it. at the end of the day it's costing us more. >> eric: the original healthcare law was 7,000 pages long. mitch mcconnell put out it's up to 20,000 pages. what else do we know t
significantly. has he lost leverage with republicans? what does that mean for whether your taxes are going up? >>> and stephen colbert talks about his sister running for office and is talking about being white racist of itself. a war of words over race in america tonight. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. live the regular life. phillips'. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out
frantically looking to rejigger the tax. i stress, not eliminating the tax. maybe focus on the rich. take 20% of their dough. hard to say. this much is not. it is going to happen. because the government needs the dough. if they still want to get european union dough. it gets weird and complicated. desperate to stay in the euro club. does this ring a bell? it should. no one is taxing the bank holdings, thanks to obamacare, they are going after the other assets. 3.7% on investment sales larger than 100,000 grand. the next time you try to sell your house, trust me. you will hit the roof. think about that. tax not on your income, earned or unearned but your assets. what you have, what you own. your tangible assets. home here, bank account there. is there difference? no. no difference between american government taxing you for medical devices and what it deems as a medical insurance plan. taxing you not on what you make but what you have. the stuff you attain through life of work no, matter when you work or how much you made when you work. stuff you got now. to government, it sees that y
in this -- in this town when what he's doing is redefining terms. so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it was like, look, you've listened to him. he's got no substantive answer when tom price-- >> what did he say, i'm too busy or they're working on it? >> look, it's going to come and avoiding eye contact, a couple of weeks. well, it's late already and he was challenged in the meeting, are you presenting this late on a rope-a-dope effort after we passed the budget that paul ryan is leading us on? it's all of those sorts of things and here this was a big attempt to try and bring people together. i thought, look, our members respect the presidency and we're respectful of him in th
years and will not raise taxes. how does he accomplish this? he doesn't spend what we don't have. here is how the congressman explained it earlier today. >> this budget cuts spending by 4.6 trillion dollars offer the next ten years. historically we've paid a little less than 1/5 of our income to the federal government, but the government has spent a lot more. we match revenues with expenditures, so the budget matches the spending with income just like every family and business must do throughout america. >> sean: to help us reach this balanced budget in ten years, congressman ryan lays out four major issue we as a country must tackle. first, energy. ryan's plan paves a path for affordable and american produced energy, most notably, the plan green lights the keystone pipeline to generate almost 140,000 jobs. second, health care, first and foremost the budget repeals obamacare and strengthsens the medicare system for future generations. third, welfare reform, changes made in 1996 by extended reforms to other programs. gives states flexibility so they can tailor programs like medicaid and
and expanding medicaid in garden state. virginia's bob mcdonald who raised taxes to pay for overdue transportation projects in his state. cpac officials make no apologies for not inviting christie or mcdonald saying they hope that next year they will deserve an invitation to cpac 2014. one other thing, bret. the night before last in my report on the federal employees delinquent in their taxes, i talked about an i.r.s. report saying one in ten treasury department officials were delinquent on the taxes. it's 1 in 100. apologies to treasury and i don't want the i.r.s. mad at me. >> bret: thank you. president obama met again today with the harshest critics. congressional republicans. this time, the president got together with g.o.p. senators. while the budget is the focus, a relatively small issue in dollars continues to loom large. correspondent shannon bream is at the white house. >> the administration fired back, criticism regarding the cancellation of white house tours. coming from a source not normally viewed as a critic. the editorial board of the "washington post." equated the de
on spending and taxes. so far, the game is not going very well. >> is the grand bargain dead? >> i don't know whether we can come to a big agreement. the president believes that we have to have more taxes from the american people. we're not going to get very far. >> the president has sounded equally pessimistic about bridging the divide. >> it may be that the differences are just too wide. if their position is we can't do any revenue, or we can only do revenue if we gut medicare or gut social security or gut medicaid, if that's the position, then we're probably not going to be able to get a deal. >> while there's not much agreement there are plenty of ideas. washington is awash in budgets. no less than six plans are currently circulating on the hill. there is the plan from senate democrats, or the murray plan. it includes a one-to-one ratio of spending cuts and tax increaseses, as well as short-term stimulus. then there's the house democrats' budget, which pushes for $200 billion more in revenue than the plan proposed by their party members in the upper chamber and there is a congressional pr
challenged him on spending, taxes, a balanced budget and even closing the white house to public tours. for more insight on what the someone like we're joined by congress warm candice miller. miss miller, thank you. what was your particular gripe at mr. obama today and how tough of that meeting? >> well, you know, i guess it's his charm offensive and actually i think it's working because i think he's becoming charmed by the house republicans. >> but you went after him. >> i asked him a question that we are just getting bombarded with here on capitol hill. i said mr. president we're all dealing with sequestration, the house members have taken a 5% than 6% and now a 8% cut to our own budgets. we're dealing with the sequester best we can. no one has ever thought or made any mention about closing the capitol or capitol visitor's center or this beautiful house office building you see in the rear. nobody said that. mr. president, if you have to close the white house to tours and you need money take it out of our hide that's exactly what i said to him. i said we don't have to come to the whit
if republicans agreed to new tax increases. we have heard this before. however, the white house put a positive smpin on the meeting calling it a good substantive exchange and called it a good conversation. the president admitted more with abc news there is more to be done. >> ultimately it may be that the differences are just too wide. if their position is we can't do any revenue or we can only do revenue if we gut medicare or gut social security or medicaid. if that is the position we probably will not be able to get a deal. >> if your piece up on politico read conflicting reports, some say it was more of the same from the president and others say it was a step in the right direction for him to come up to the hill and visit bus. anything come out of this meeting yesterday and the ones that will follow today and the rest of the week? >> i would just replay that clip over and over and over again and that tells you everything you need to know about the next year. the president wants tax increases and he does not want to do a bill with big changes in entitlement reforms. republicans don't want ta
to raise taxes in virginia in order to deal with transportation problems. it's also worth noting that people are noting the absence of those two, and the presence of people like mitt romney who has said he's never going to run again, and a lot of republicans think he has admitted ran a campaign with some flaws along the donald trump and sarah palin raises questions about the absence of mcdonnell and chris christie. there will be a straw poll here. it doesn't mean a heck of a lot other than republicans are already keeping score. and one more thing, jon. yesterday when we were talking about deliberate irs taxes, i said one in ten were delinquent, it's actually one in a hundred. i don't want the irs angry at me. so made a mistake and cleaned it up. jon: all right. one in one hundred, and as you said, we'll see who shows up to the next cattle call for conservatives. carl cameron, thank you. jenna: well, an outpouring of reaction to the newly-elected leader of the catholic church. pope francis planning an inaugural mass in the sistine chapel. he told a crowd of some 100,000 people in
of the party right now is that it is anti-tax and once big cuts in the size of government. and that has not changed. and through the whole budget wars we've been seeing, the sequester, i think this came up the last time i was here. the economic conservatives, the low tax, small government conservatives have established their supremacy. they have beaten out the national security hawks who didn't want to see cuts to defense. i think this is an example where they're beating the social conservatives who aren't ready for a shift in gay marriage. opposition within the party to gay marriage is substantial and they don't want a more liberalized immigration policy. so the one thing that is still here is low taxes, including on the wealthy, and deep cuts to government. i think that is a fundamental problem for the party. it cause them problems with all kinds of groups. there is only so much you can do when you change the language as long as you hold on to the tax and spending cuts policies. >> you touched on immigration policy. i think lawmakers in washington on the republican side see it as esse
before from republicans. is that true? >> largely true but there is one huge difference. that is the tax increases that have already gone into effect on january the 1st. paul ryan budget accepts the increases. it does not attempt to change them. in other words he is not rehashing the whole fiscal cliff debate. he is accepting that, yes, we've got these higher tax rates in place. we all keep them. that's a huge difference from where he was before the election. martha: he includes tax cuts, tax hikes, i should say but doesn't include obamacare. he would like to see that go. >> he wants that out of here. >> stuart, thank you very much. bill: you've been waiting 1400 days and finally we got a budget. so now we know. martha: it is exciting. takes less time to pick a pope. put it that way. at least we think so. bill: in the modern day. martha: exactly. bill: in "america's newsroom" the new polling shows public view since the election. is the honeymoon over? some numbers tell a very interesting story on that topic. martha: this one is not going away, folks. the fight whether or not you can brin
. we go to war, we don't pay. we do big pharma, we don't pay. tax cuts, we don't figure what it's going to do to the economy, but you, you might have to pay for it. there is one senator prepared to filibuster to protect social security, medicare and medicaid. senator bernie sanders will join me in a moment, but president obama, he went to capitol hill today for a closed door meeting with the democrats. senate budget chairwoman patty murray, she revealed a plan with new revenue and spending cuts. nearly $1 trillion over the next ten years. president obama will meet with both parties on capitol hill. meanwhile, chairman paul ryan unveiled his budget plan and listen to how ryan describes republican priorities. >> the most important question isn't how we balance the budget, but why. a budget is a means to an end. an end is the well being of the american people. >> the most important question is how we balance the budget and making sure it's not on the backs of working americans. congressman ryan also made an unfortunate slip. >> this to us is something we're not going to give up on because
this week showing a wide gap, indeed, remains over spending and taxes. plans on the table both sides are taking to the airwaves to try to make their cases. peter doocy is live in washington. peter, does it look like either side is ready to give any ground? >> reporter: it depends on which interview you with a watched this morning, john boehner told abc news president obama already got the new taxes he wanted back in january so more taxes shouldn't even be on the table this time around, but another remember can bob corker indicated on fox that new taxes could be part of the discussion if democrats agree to serious entitlement reform. >> think republicans, if they true entitlement reform, would be glad to look at tax reform that generates additional revenues. that doesn't mean increasing rates. it means closing loop homes and arranging our tax system so we have economic growth. i think we've been saying that from day one. >> reporter: the house budget committee chairman paul ryan says he thinks president's trip to capitol hill to meet with republicans is a good start but he thinks the
's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it. >> thanks. >> and that i
, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my take away was that. >> frank and candid are always interesting diplomatic code words when year overseas. thiser boehner in today's "the washington post." for all of washington's focus on the president's outreach to republicans, it's his engagement with members of his own party n that will determine whether we succeed dealing with the challenges facing our economy. the fact is there are folks on both side of the aisle that talk a good game on the idea of reforming medicare or doing something about social security, nobody wants to own the plan. they want to agree to it reluctantly to a plan brought up by the other side because here's another fact. medicare and social security are universally popular and even in a republican primary getting caught messing around with social security without a reason is bad politics. so any time you hear this from either side, the other side needs to lead, translation
, it results in unfair tax hikes on middle class americans and results in undue burden on middle class americans through the cuts envisioned. >> this republican budget once again makes an ideological, uncompromising approach to addressing that budget challenge. >> perhaps the best thing i can tell you about the republican budget is that here we go again. >> yesterday americans got their first look at this year's ryan republican budget. turns out it it looks like last year's ryan republican budget and it wasn't the only one. i wasn't the only one that said, gee-whiz, not again. >> sean: their fearless lead her -- their fearless leader demagogued so he they demagogued. why are you laughing? >> i'm laughing because these are what i'll call the jim jones democrats. these people are unbelievable with what they're talking about. let me throw a few facts on the table. the government accountability office that works for harry reid and obama, they say 125 billion dollars in estimated improper payments in the federal government? i've got another one of their reports, 510 billion dollars of dupli
way, both by smart cuts, by closing all of those tax loopholes for high-income people. by the way, mitt romney and paul ryan talked about during the campaign -- those tax breaks are all still there. by eliminating those tax breaks, we can take a balanced approach to reducing the long-term deficit. which is an issue. but you shouldn't sacrifice economic growth now, on the altar of deep cuts and an austerity philosophy. >> i want to bring the panel in because you know, the congressman talks about making smart cuts now. what's in it for democrats to do any grand bargaining at all. any savings that would be applied in cutting the budget, would not be applied to their priorities. it's not as if you're going to reduce government spending on x and spend it more on the poor, spend it more on things democrats care b. why are democrats arguing for a budget at all? >> you and i don't agree on this, joanne. i think long-term, as congressman van holland says, you have to create a sustainable budget path. with the baby boomers, retirement and all sorts of other huge coming costs, we need to hav
, workers who don't earn enough to pay taxes even. and so there was a lot of anger that got generated. and i think it also generated a lot of motivation. i know that our people got more mobilized as a result of that video. and i'm sure that others did. and i think that what scott did, and i think his strategy was flawless. i think what he did with no prompting by anybody but him thinking it through, he wanted those that couldn't afford the $50,000 dinner to be able to see the real mitt romney. and the others that got scott upset is that mitt romney was talking about himself being a job creator and then he saw what mitt romney was doing in china buying these factories at bain capital. and he saw that as a complete sort of contradiction of what mitt romney was trying to portray. i think in the sense that mitt romney helped the obama machinery show what romney really was about, i think it was if not a game changer darn near a game changer and i think america owes scott a big debt of thanks. >> well, he is a hero in my opinion and a lot of americans on social media are saying the same thing. it
of control debt, out of control taxes, out of control regulation, that's the only other period. president reagan came in facing that stagnation and he implemented policies the exact opposite of barak obama. in fact, it's interesting. 79 to 83, economic growth was 0.8%. today it's 0.8%. for the exact same period. because obama didn't learn the lesson from reagan that if you want to turn the economy around, you cut taxes, you reduce spending, you reduce the debt and don't send regulators like locusts to destroy small businesses and jobs. [ applause ] do you know if president obama had followed the reagan policies and we had seen the identical growth that president reagan saw inheriting the same lousy economy barak obama did, do you know that today we would have 7 million additional new jobs in america? let me help make that a little more concrete. 7 million new jobs is the equivalent of giving a job to every man, woman and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [ applause ] and the stagnation under president obama doesn't fall uniformly. listen
proposal today while senate budget committee chairman patty murray will be giving a plan with tax increases and 100 billion in a new jobs package. >> elizabeth prann live for us from washington. >> first degree weather update with janice dean. >> for a couple days it will feel like winter again. it will be tops see turvy. that's how march is sometimes. look at the last hooray of the form system across the central u.s. over the weekend. lake-effect snow across the great lakes. as patty mentioned temperatures will dip to 40 degrees, 36 in new york, 46 in dc. a little bit of a warm-up as we head into the weekend then we go right back into the cold unfortunate unfortunately. 18 in minneapolis. i want to take a quick look at europe because all eyes are on rome. paris 23 degrees over a foot of snow. cold in portions of europe. all eyes are on vatican city as people await for the pope to be chosen the white or black smoke. if you are headed to saint peters square 56 degrees uncelted weather. dress appropriately. back to you heather and patti ann. >> you look very springy in your pink sweater at le
the latest. remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on that $106 billion. annual tax on health insurance providers, $102 billion. then there is the individual mandate, $55 billion for that one. we're not done. tax on medical device makers, $29 billion. the list goes on and on. more than 20 new taxes and fees totaling a trillion bucks. that is doubling the estimate just a few years ago. folks, it ain't over. it could send employers over the edge. the real shocker, i talked to a lot of accountants of companies -- they didn't know about this. it's like peeling that onion. >> right. you saw the stack of papers, 20,000 pages of obamacare regulations, it's seven feet, three inches tall, nine inches call of kobe bryant. 66 dollar per person fee. employers are looking at this. it came out this week so it's not something they carefully prepared for. this being more than anything illustrates what t
are always trying to protect taxes or wealthy people? is that a problem out there with the rank-and-file voters? >> no, i mean -- i don't think so. i think that's obviously a misperception that's become a real perception by the public. but i think we have to talk about things in ways that people can relate to. i mean, if you're talking about taxes and taxing small businesses, you have to talk about the fact that if -- if -- if our small businessman has to pay more money to the government, then he's going to have less money to pay to his ememployers, and the ememployers will have less money to send kids to the school of their choice. i think it's a matter of talking about the debt differently. not just we are in imminent danger in a debt crisis in this country. but what does that mean to people? it means that our government is growing so fast and it's becoming so expensive that we're making payments to our credit cards that we can't afford, which means we have to keep -- we'll keep having this debate about needing more revenue to the government. well, that means less money in peo
the budget over the next ten years. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president's budget never comes to b
is where they can compromise on fundamental disagreements, including taxes. >> you know, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my takeaway was that. >> i thought that we had a very frank and candid exchange of ideas. and frankly, i think it was productive. we have a spending problem. we have to attack the spending. and the president understands, yeah, we've got some long-term spending that we need to deal with, but he's going to hold hostage the fact that he wants to raise taxes on the american people again. >> last night, the president addressed organizing for action, the group run by many of his former top operatives to help advance the president's agenda. the president downplayed his new efforts to work with members on the hill. >> over the last several weeks, the press here in washington's been reporting about obama's charm offensive. well, you know, the truth of the matter is, all i've been doing is just calling up folks and trying to
's an identity thief who used this device to grab his wi-fi signal, steal his identity, file taxes and get his return. now she's got his money, and he's got a problem. >> looking forward to your tax refund? so are identity thieves, and they can steal your identity without you knowing it in order to get your refund. it happens to thousands of people every year. you have to be proactive when it comes to identity theft, especially during tax season. >> announcer: every year, millions of americans learn all it may take to devastate your life is a little personal information in the wrong hands. your identity needs protection, and no one does it better than lifelock. >> identity thieves steal from everyone. you have to protect yourself. i protect myself with lifelock. >> announcer: lifelock offers the most comprehensive identity theft protection, period. and lifelock ultimate was named "best in detection". lifelock's 24/7 proactive protection alerts you as soon as they detect an attack within their network, before it's too late. lifelock protects your social security number, money, credit, even the
some republicans that they might be willing to bend on the issue of raising new tax revenues by closing loopholes and deductions. they say it is a good week, but they know in the house it is unlikely a lot of republicans will sign onto new tax revenues as part of a grand bargain. that's why administration officials have also been cautioning that the president has been talking to lawmakers about other issues like gun control and immigration. it is an issue and example that the president doesn't want to get bogged down on fiscal and budget issues. but the white house officials are also hinting we may see more of a charm offensive after he gets back from his trip to the middle east next week because they do believe at this point, wolf, it is working to some extent. >> the president is going to israel and then jordan this week, a major trip, a lot to discuss, including iran right now, what's going on, the president telling israel television that iran potentially is within a year of making some nuclear bomb. the pressure on the president during this trip will be significant. >> reporter: tha
responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure or other things important to our economy. >> why will it take until 2040 to balance the budget under your plan? >> well, if you actually look at the past 40 years, we've only had four balanced budgets. those were during the clinton years and once leaning over to the bush years and then they squandered that balance. so the reason we do that is our focus is on jobs, craig. our focus is on meeting our commitments to seniors. we will not balance the budget on the backs of our kids' education or on the backs of our commitments to seniors. whether it is under medicare or medicaid. what we do is immediately begin to reduce the deficit so they're growing much slower than the economy. which is th
federal return for free. it's free to prepare, print, e-file and you can even chat with a tax expert. get the federal free edition at turbotax.com. people have chosen it again and again for over eight years. its key ingredients are also found in every day food like avocados, broccoli and bananas. it contains about as much caffeine as a cup of the leading premium coffee. zero sugar. four calories. 5-hour energy is like... coffee with vitamins and nutrients. simple. put them together and it's a great combination. try a sip... then decide. ♪ ticktock on the clock but the party don't stop ♪ >>> all right, time for today's "quick fix." it always happens when your makeup starts to run. >>> here with quick fixes is "marie claire" fashion editor marie roberts. >> you two look gorgeous, by the way. >> thank you. >> help us out when the hem falls, what should we do? >> very easy thing, most people have in their house is masking tape or duct tape. i prefer to use a double-sided tape, top stick, pure style works because it actually goes with the fabric. pop it behind, pull this off, roll it over
. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. michigan's governor is not waiting any longer for a plan from the city government in a very dramatic move today he named the washington attorney kevin orosz to take over the city as emergency manager. the republican governor rick schneider is joining us with kevyn orr. thanks very much for joining us. >> great to be with you. >> thanks for inviting us. >> mr. orr, let me start with you. what are you going to do? you have about 18 months to try to get detroit's finances in order. >> wolf, the first thing is make an assessment if i can of enhancing city services to the citizens of detroit. i'm going to sit down with consultants and restructuring team that the governor has in place to try to prioritize what we need to do next based upo
the nfl from certain taxes into the millions of dollars. let me show you video and that is going on and this meeting is taking place as we speak. in turn, they are going to get that money back and other areas. they would break even. the 49ers new stadium will be done in 2014. this is a bid for the 2016 super bowl. >> approval would exempt 350 employees from a pay employee taxes and to exempt the surcharge on the super bowl tickets those are just too of a number of exemptions with a number of mixed opinions. >> i think that 100 million watching a game being played in santa clara will be good for the city of santa clara. >> we are urgent generate there is no proof of that money being made up. >> this would bring them one step closer to get the super bowl and and they are in a competition with miami to try to get the 2016 preliminary report on april 21st. they will decide on a if location until the late part of the month of may. j.r. stone, kron 4 news. city leaders say they would be giving up millions of dollars up front but in turn they would be gaining that money back in other ar
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less. with the small but powerful picker upper, bounty select-a-size. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three
no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. and the usps says it makes more money than it spens because of the networking that happens here. critics point out the post office is a monopoly that shouldn't need to spend millions of dollars to network. they say that given the agency is $16 billion in debt, the usps is out of touch. >> we are a nation in austerity. the postal service is deep, deep in the hole. toe to see they are having a lav inch conference with golfing outings and a dance party -- it is beyond the pale. >> reporter: in a letter he fired off to the post master, a congressman said, quote, spending millions to participate in a conference seems to exhibit extremely poor judgment by usps judgment... it is getting close scrutiny in washington, as the house oversight committee holds formal hearings into wasteful travel by governmenties. >> jamie: cloud claudia, great to see you. thanks. >> eric: so you are building your financial nest egg for years, but what if life takes an unexpected turn and have you
at this point. >>> h&r block software glitch is delaying some 600,000 tax refunds up to six weeks. you're affected if you claimed education credits using form 8863. they say you're okay if you filed after february 22nd. the problem is fixed now. it is working with the irs to get people their money as fast as they possibly can. >>> a 16-year-old allegedly rained by two star high school football players in ohio town in shock and outrage as the trial opens. next, the latest from steubenville and we will hear from our legal experts. stay with us. [ male announcer ] if she keeps serving up sneezes... [ sneezing ] she may be muddling through allergies. try zyrtec®. powerful allergy relief for adults and kids six years and older. zyrtec®. love the air. and kids six years and older. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or m
party rebrand itself? >> they think all we care about are tax breaks for the wealthy. >> and rebuild itself. >> the conservative political action conference. >> three days of power talk and positioning. >> what is latin for "let the circus begin?" ♪ we will persevere. >> the man who needs no introduction. >> real peace comes from the marine corps, not the peace corps. >> how in the world did he lose his job? >> this government is completely out of control. >> followed by rand paul. it's a bird. >> it's a plane! >> people are very, very excited about rand paul. >> monkeys, like humans, act crazy on meth. >> what kind of craziness is this? >> these are new, young faces on the scene. >> if you can't be sexy-crazy-mad, you can't get the attention. >> marco rubio. >> they're not free-loaders, they're not liberals. >> translation -- >> this has had an impact on our people. >> it's a little more communal than some of the other speakers. >> hard working middle class. >> the republican party is still trying to reinvent and reunite itself. >> it was the left that got us into this mess. >> we
for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. >>> oh, man, are you kidding me? are you kidding me, man? where were you when -- >> oh, i was -- >> nobody knows what's go -- >> i was just starting college. and -- >> murmur. >> i heard this song, i thought there's something going on that i don't know about that i need to know about. >> this is r.e.m. their first h
and are pretty much saying you've got your taxes and now we want to see spending cuts. are those two positions in concrete and intractable? >> i don't think so. the only time i would flatten the tax code and i think that's a good idea, by the way, to eliminate loopholes and deductions, what do you do with the money? i'd like to put some money on the desk and buy down tax rates, particularly the corporate rate to create jobs. we need economic growth. to do that he's got to embrace entitlement reform. social security and medicare are going bankrupt. there are 10,000 retiring every day, medicare and social security are unsustainable. if the president will help me save medicare, social security, and reform medicaid i will flatten the tax code, but not doing one without the other. i'm looking for the biggest spending cut in the history of the country along with reforms to save medicare and social security from bankruptcy, then i'll do revenue. >> for the first time since the benghazi incident, we're beginning to find out at least a little something about the . six and a half months is a long time t
on refunds and time now running out to claim the mb. irs holding $917 million in unclaimed tax refunds. if you forgot to follow a return you could be entitled to part of the money. you must file by april 15th of this year or the money goes back the u.s. treasury for good. many on the list are low income taxpayers not required to file returns but already entitled to a tax refund. >> if you're due a refund there is no penalty. >> file the paper work. >> yi. >> thank you. >> thank you. >> sandhya patel has been looking for rain out there. >> everywhere. >> where is it now? cheryl, dan, yes, rain is in the future but we're going to get you through the weekend with dry weather and changes will come. so you do have a nice dry weekend for st. patrick's day. as you look at live doppler 7 right now you'll notice there is cloud cover. we have mid and high level clouds just streaming overhead but those are not rain clouds. rain holds off until next week. there is a chance of snow looking at heavenly. san francisco, 54 now, san jose, 68. temperatures cooler today, low 50s to mid-70s. you can he cl
the american public paying the taxes to earmark bulk of their taxes to things they want. if they want the white house press tours. if they want enhanced military. if they want the social programs. you know what will happen? all the things that matt her get supported. the military, police, roads. all the little fluffy stuff will disappear. >> dana: no more solyndra. >> bob: sorry, go ahead. >> eric: one question. "washington post," editorial page, reopen the white house doors, calling it bureaucratic hostage-taking. that is a week later. >> dana: yeah. that is why they could have stopped this from the beginning. i had a good point earlier i said in green room. if you throw the secret service under the bus, why not do it two weeks ago on the night when they announce that the white house tours would be closed? if you throw them under the bus you could have said whoa, secret service. you can't close the white house tours. we will figure this out. the white house will save the day. blame the secret service on that end. instead, they made everybody look bad. >> bob: the secret service agent that spok
account as a tax. tonight, the plan in one country to do just that and the shock felt around the world. plus, campus shooting plot foiled. tonight, guns, bombs and suicide at one of the biggest universities in america. late night panic and fear on campus. >> the cops had guns and were telling everyone to run. >> shepard: now the suspect is dead. why did he have all the weapons and explosives? tonight, investigators dig into the deadly dorm room drama. and a couple of dare devils do a skyscraper fly by. with nothing more than a pair of wings but first from fox this monday night, police are now saying this could have been a disaster. hundreds of students had the one of the largest universities in our nation evacuated after report of a man with a gun on campus. but there was so much more. when police entered the suspect's dorm room, they found him dead with a pistol and an assault rifle. and a bagful of homemade bombs. and investigators say it now appears to them the suspect was planning some kind of attack. it happened a little after midnight in dorm tower 1 at the university of central
the parliament rejected a bailout that would have taxed its own citizens' bank accounts. the banks are closed the rest of the week. >>> where are we with this situation? >> in a standstill when it comes to cyprus. the parliament is betting the european union and central bank will not cut them off for -- not going through with the plan to tax deposits. they have almost a week to negotiate. next tuesday is when the banks open up. in the back channels with russia on financial support, so it seems they're hoping they can find a stopgap. >> shepard: what i didn't understand was the real problem with this situation in spy russ is the russians, who have been laundering money, have stashed so much money in the banks, the banks are bigger than the economy in the country. so they could have taxed it at 13%. they have, like our federal deposit insurance company, they have guarantees up to 100,000 euros. why not tax problem kids and not every day folks. >> it could come to that. the vote that failed was above 20,000 euros. >> then you violate -- >> it gets the percentage a little bit high if you only res
. especially the weight of tax increases. >> it's negative for economic growth overtime. global economy, we compete, with many other nations. part of the competition is taxes. >> conservative critics argue big government fools itself to thinking taxing and spend willing make the economy grow. >> it assumes you take money from the economy right pocket and put in the left pocket and manualicly you more money. >> administration defenders, though, look at it differently. >> under normal circumstances, you don't want the government intervening. in the circumstances where we have the weak demand this is a good time for the government to step in. >> even though who want to spend less would increase spending at lower rate. >> bret: house lawmakers vote down budget proposals as an alternative to g.o.p. plan put forward by paul ryan. senators approved a stop gap spending plan. continuing resolution to keep the government funded after the end of the month. senate has, now it heads to the house. amendment to force the president to reinstate white house tours fail today. mixed messages from you in the l
have bank accounts would be taxed one time on their deposits. so if someone has an account with $129,000 or less, they would have to fork over almost $9,000. that's a 6.7% tax. people who live there as you can imagine, they're really nervous about this tax. over the weekend, many rushed to withdraw their money out of the bank. this is what's unnerving the markets right now. about 15 minutes before the opening bell. >> al wlis siclisoison kosik li york stock exchange. >>> the heat tied a leg record for the second most con secreta consecutive wins. they will try to extend the streak in boston tonight when the celtics have their own run going, 11 straight home wins. >>> another miami basketball team is also on a roll, though. the university of miami hurricanes beat north carolina to become atlantic coast conference champs and advance to the ncaa tournament. 67 other teamses are in the big dance which tips off tomorrow. that means it's time to fill out those brackets. carlos diaz is checking a huge one here in the cnn center. wow, carlos. ♪ ♪ indiana, indiana, we're all for you, we w
because of the near 40% federal tax rate and the 15% state tax rate and doesn't include, state taxes, payroll taxes, extremely high. >> clayton: gas prices are through the roof there. >> alisyn: on and on. >> tucker: i don't think he should complain, he's one of the reasons why. as a native california, i blame bill maher. that's my home state, i think he should be quiet and pay the taxes. >> alisyn: maybe a change of heart. >> tucker: maybe, but i think he should pay the results of his consequences. doesn't run away at that jackson hole, bill maher. >> clayton: perhaps headed to cpac, i don't know if that's going to happen. a straw poll squeaker yesterday in cpac, two raising republican stars neck and neck. only one could come out on top. elizabeth prann. >> reporter: and wrapping up the three day stint, leaving rand paul feeling charmed after he won the straw poll. after the filibuster on the floor. and coming in second, florida senator marco rubio, about 23% of the vote. rick santorum 8% of the vote and followed by governor chris christie who wasn'tnvited. there was serious discus
to extend the bush tax cuts. four words stick out. campaign, and sell the public. when i hear that, i don't hear journalism, i hear infomercial. >> bill: professor, that is fact that he put out. that shows there is powerful national media advancing the cause of one political party. i think the founding fathers would be zun that had that is happening? >> i think the founding fathers would be disappointed because they wanted an i7bd press to be a watchdog. it has happened when the white house has invited reporters to visit and talk and they call them sympathetic reporters. so i don't think that is unusual but there is a blurring of that objectivity line. we don't see that standard in journalism because a lot of journalists are into advocacy and they are perfectly fine for that. >> bill: if you are commentator, you are allowed if your entire news organization you are not. it's could a lot lewd go with the democratic party in colorado and most powerful paper in the state. you see what happens. good legislation is getting knocked down. folks aren't getting to vote on it. >> bill: thank you. ge
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